SCOR reinsures £5.5bn longevity swap for Lloyds Bank pension
France-headquartered global reinsurance company SCOR has provided the capacity to back a UK £5.5 billion longevity swap arrangement for one...
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Brokerage co-founder on "very enriching" industry development
“ implementation is in progress, but already you’re seeing increased accountability and transparency,” asserted Swindley. “I think that’s an outstanding...
Trans-Australian railway reopens but supply chain strain continues
The ARTC says hundreds of freight rail services run every month from state capitals and regional centres. The record flooding...
Reinsurance rates may rise faster than primary for two years: Goldman
Reinsurance rates and pricing may rise faster than primary insurance through 2022 and 2023, according to a bullish forecast from...
IAG invests big in car subscription company Carbar
The latest funding round aims to broaden Carbar’s marketing, partnership, and technology capabilities as it expands its Australian operations and...
FEMA gets $450m FloodSmart Re cat bond, lifts ILS share of NFIP reinsurance
The U.S. Federal Emergency Management Agency (FEMA) has now secured the $450 million upper-target for its new FloodSmart Re Ltd....
Insurance bonds show resilience as spreads reset: Twelve Capital
Insurance bonds as an asset class are yet again showing their resilience amid recent market turmoil, while spreads have reset...
AXA acquires the renewal rights to Ageas's commercial business
AXA to grow its commercial business in SME and Schemes market segments with an emphasis on service deliveryDeal underpinned by...
IAG ups investment in car subscription start-up
IAG, already a majority shareholder in Carbar, has further increased its investment in the Australian car subscription company. The insurer...
Re/insurance – an industry destroying value (or shifting it to brokers): McKinsey
The global insurance and reinsurance industry has moved from one that is “moderately value-creating” to one that “destroys value”, according...
